AbstractInventory control plays an important role in supply chain management. Properly controlled inventory can satisfy customers’ demands, smooth the production plans, and reduce the operation costs; yet failing to budget the inventory expenses may lead to serious consequences. The bullwhip effect, observed in many supply chain management cases, causes excessive inventory due to information distortion, i.e. the order amount is exaggerated while a minor demand variation occurs, and the information amplified dramatically as the supply chain moves to the upstream. In this paper, one of the main causes of bullwhip effect, order batching, is considered. A simplified two-echelon supply chain system, with one supplier and one retailer that can choose different replenishment policies, is used as a demonstration. Two types of inventory replenishment methods are considered: the traditional methods (the event-triggered and the time-triggered ordering policies), and the statistical process control (SPC) based replenishment method. The results show that the latter outperforms the traditional method in the categories of inventory variation, and in the number of backlog when the fill-rate of the prior model is set to be 99%. This research provides a different approach to inventory cost-down other than the common methods like: information sharing, order batch cutting, and lead time reduction. By choosing...

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Chapter I
Background of the study
An automated system nowadays is becoming prominent for a business that needs accurate, efficient and reliable results.
Today, many businesses are engaging to automated systems, its manual setup can be applied automatically through computer. By using a computer, a business can perform its transaction in a less amount of time. Having a way to organize transactions by the use of automated system is an...

...﻿Statements of Objectives
General Objectives
To make an inventorysystem for Thermomax Trading.
Specific Objectives
To develop a computer-based inventory for Thermomax Trading that will generate reports regarding the status of the products, suppliers, sales and etc. of the company.
To have an easy access in monitoring the stocks in the company.
To be able to maintain the list of the products, suppliers, employees and customers.
Scope and...

...CHAPTER II
REVIEW OF RELATED LITERATURE AND STUDIES
Every piece of ongoing research needs to be connected with the work already done to attain an overall relevance and purposes. The review of literature thus becomes a link between the research proposed and the studies already done.
I. REVIEW OF RELATED LITERATURE
A. Foreign Literature
1. Janes (2011) stated that computers are extremely reliable device and very powerful calculators with some...

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Priscila --part
InventorySystem Summary
Introduction
Many companies are using inventorysystems for their success and growth. Inventorysystems have a variety of functions purposes in businesses. Promoting the sales and shrinkage control are two main functions of inventorysystem. Promoting the sales function deals with availability of sufficient products for the customers...

...Background of the Study
An inventorysystem is a method of immediately accounting for inventory sales in the inventory account, if there is no item missing. It is an inventory management system where store balances of inventory are recorded after every transaction. It eliminates the need for the store to close down constantly for inventory. Inventory...

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Introduction
An inventorysystem is a process or procedure where the total amount of goods and materials contained in a store or factory at any given time.
The inventorysystem is updated each time you sell an item or use raw materials to create a product, so you know what you have available for the following
day or week.
The word "inventory" can refer to both the total amount of goods and the act of...

...Problem, System Objectives and System Scope and Limitation within the Problem Definition.
Introduction In our generation, almost all of our transactions are in database management system which is a set of programs that enables us to store, modify, and extract information from a database, it also provides us(users) with tools to add, delete, access, modify and analyze data stored in one location. There are many different types of Data Base...